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Real Estate and Construction Newsletter March 2017

The major tax overhaul being discussed by the Trump administration has raised many questions this tax filing season. Taxpayers want to understand the potential implications, and how a repeal of the Affordable Care Act and/or the Alternative Minimum Tax (AMT) will impact them. The real estate industry, in particular, could be affected by potential tax increases to recover lost tax revenue. As my colleague John Wolpers points out, the taxation of carried interest on real estate deals could be an area where the Trump administration looks to recover lost revenue.